SAN DIEGO, CA-The career services firm signs a five-year lease for 5,854 sf at 4445 Eastgate Mall. Drake Beam plans to move into its new space in December of this year.

SAN DIEGO, CA-San Diego is faring the best out of all of California's hospitality markets, according to research released today by Ernst & Young. Occupancy levels for the region were down only 1.9% in June, the report points out.

RANCHO SANTA FE, CA-The locally-based bank holding company, which derives its income partly from interest received on real estate loans, acquires Upland Bank and Marathon Bancorp in two separate transactions worth more than $42 million combined.

SAN DIEGO, CA-Encompassing 49,284 sf, the office property consists of two buildings that stand at 10021 Willow Creek Rd. and 9775 Business Park Ave. Completed in 1984, the complex is occupied by tenants WorldxChange Communications and Semtech Corp., among others.

SAN DIEGO, CA-Jean Marie Josselin LLC dba 808 Restaurant inks a $1.2-million lease for retail space in Aventine Restaurant Row. The new tenant will take 3,450 sf at 8980 University Center Lane, according to the terms of the 10-year agreement.

SAN DIEGO, CA-A joint venture comprised of Gary Beyler and Jim Allen acquire a 2.71-acre parcel that is located in the Rio Courtyard business center. They say they plan to build an 80,000-sf, class A building on the property.

SAN DIEGO, CA-"Drive in" demand from Los Angeles, Orange County and Arizona is a significant factor in the rapid recovery of San Diego's lodging industry, according to a new Ernst & Young report that says the region is recuperating faster than other California submarkets.

SAN DIEGO, CA-A 22-year employee of the bank, Michael Yeatts has been working with the real estate group since 1994. In his new role managing the company's real estate industry deposit services group, the senior vice president heads a team of 30 employees that operate throughout California, Oregon and Washington.